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Zynex (ZYXI) Competitors

$8.93
-1.26 (-12.37%)
(As of 07/26/2024 ET)

ZYXI vs. CUTR, BLFS, AXGN, SMLR, OM, EDAP, ELMD, FONR, HYPR, and VANI

Should you be buying Zynex stock or one of its competitors? The main competitors of Zynex include Cutera (CUTR), BioLife Solutions (BLFS), AxoGen (AXGN), Semler Scientific (SMLR), Outset Medical (OM), Edap Tms (EDAP), Electromed (ELMD), FONAR (FONR), Hyperfine (HYPR), and Vivani Medical (VANI). These companies are all part of the "electromedical equipment" industry.

Zynex vs.

Zynex (NASDAQ:ZYXI) and Cutera (NASDAQ:CUTR) are both small-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, media sentiment, community ranking, dividends, risk and profitability.

Zynex has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500. Comparatively, Cutera has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500.

Cutera received 310 more outperform votes than Zynex when rated by MarketBeat users. Likewise, 64.80% of users gave Cutera an outperform vote while only 54.35% of users gave Zynex an outperform vote.

CompanyUnderperformOutperform
ZynexOutperform Votes
25
54.35%
Underperform Votes
21
45.65%
CuteraOutperform Votes
335
64.80%
Underperform Votes
182
35.20%

Zynex has a net margin of 4.33% compared to Cutera's net margin of -73.42%. Zynex's return on equity of 16.34% beat Cutera's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex4.33% 16.34% 5.76%
Cutera -73.42%N/A -37.78%

Zynex has higher earnings, but lower revenue than Cutera. Cutera is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$188.68M1.50$9.73M$0.2338.83
Cutera$212.37M0.14-$162.83M-$7.22-0.21

In the previous week, Zynex had 15 more articles in the media than Cutera. MarketBeat recorded 18 mentions for Zynex and 3 mentions for Cutera. Cutera's average media sentiment score of 0.96 beat Zynex's score of -0.36 indicating that Cutera is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Zynex
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cutera
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

29.7% of Zynex shares are owned by institutional investors. Comparatively, 90.7% of Cutera shares are owned by institutional investors. 52.1% of Zynex shares are owned by insiders. Comparatively, 0.4% of Cutera shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Zynex presently has a consensus target price of $14.00, suggesting a potential upside of 56.77%. Cutera has a consensus target price of $7.67, suggesting a potential upside of 404.39%. Given Cutera's higher probable upside, analysts clearly believe Cutera is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Cutera
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Zynex beats Cutera on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ZYXI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ZYXI vs. The Competition

MetricZynexElectromedical equipment IndustryMedical SectorNASDAQ Exchange
Market Cap$283.75M$3.02B$5.32B$8.20B
Dividend YieldN/A1.72%2.72%3.97%
P/E Ratio38.839.41156.4118.66
Price / Sales1.5048.862,081.0691.54
Price / Cash24.5074.0035.9034.11
Price / Book6.573.844.954.51
Net Income$9.73M$86.88M$112.29M$216.36M
7 Day Performance-11.58%-2.72%2.73%1.82%
1 Month Performance-1.11%-4.24%6.97%7.09%
1 Year Performance-8.41%-2.18%11.22%4.88%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CUTR
Cutera
2.5499 of 5 stars
2.55 / 5 stars
$1.44
-8.9%
$7.67
+432.4%
-89.8%$31.75M$212.37M-0.20460Short Interest ↓
Gap Up
BLFS
BioLife Solutions
0.4677 of 5 stars
0.47 / 5 stars
$22.35
-1.8%
$23.83
+6.6%
+23.7%$1.05B$143.27M-15.74440News Coverage
Gap Up
AXGN
AxoGen
1.5546 of 5 stars
1.55 / 5 stars
$9.27
-1.9%
$12.25
+32.1%
+5.2%$413.01M$159.01M-18.54450
SMLR
Semler Scientific
0 of 5 stars
0.00 / 5 stars
$32.93
-3.1%
N/A+38.1%$240.24M$68.18M11.80120Gap Up
OM
Outset Medical
1.9354 of 5 stars
1.94 / 5 stars
$3.84
-5.7%
$5.42
+41.1%
-80.8%$210.51M$130.38M-1.14520News Coverage
EDAP
Edap Tms
3.0476 of 5 stars
3.05 / 5 stars
$4.80
+3.9%
$14.00
+191.7%
-48.3%$171.42M$65.42M-8.89230Short Interest ↓
ELMD
Electromed
0 of 5 stars
0.00 / 5 stars
$14.91
-4.1%
N/AN/A$134.60M$48.07M29.82160Gap Up
FONR
FONAR
0 of 5 stars
0.00 / 5 stars
$18.45
-0.4%
N/A+8.0%$117.20M$98.64M11.83480Short Interest ↑
HYPR
Hyperfine
1.8647 of 5 stars
1.86 / 5 stars
$1.16
-2.5%
$2.12
+82.5%
-59.6%$85.26M$11.03M-1.97131Short Interest ↑
VANI
Vivani Medical
0 of 5 stars
0.00 / 5 stars
$1.23
-3.9%
N/A-3.1%$70.37MN/A-2.4620Positive News

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This page (NASDAQ:ZYXI) was last updated on 7/27/2024 by MarketBeat.com Staff

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